Jeff Piscioniere
Flipping in a self-directed IRA
Hello everyone!
Has anyone done or thought of attempting house flipping through the investment of a self-directed IRA? Specifically, I have been researching the concept of a self-directed IRA LLC with checkbook cont...
Jason Rogers
Setting up an LLC in Michigan
I am trying to get my first rental under contract. Two questions:1. Should I just purchase in my name before establishing an LLC and then Quit Claim it to the LLC or is it safer to just file the LLC first and purchase...
Nick Crosby
Short Term Rental Startup
Just getting started in Real Estate Investing and unsure how to properly structure without going overboard/ over thinking it all. Where I am at now based off of currently living in CA is using a HELOC on my current h...
Ryan Taylor
DSCR Loans and seasoning
When it comes to a DSCR loan...does the down payment percentage have to be seasoned funds?
Tripp Piperi
New in real estate investing, looking to get my first multi family property by 2024
Hey y’all, I am interested into getting into multi family renting to get myself some cash flow for more investments (essentially looking to start my real estate portfolio). I have around 5 - 10k available to invest a...
Darnell Robinson
Lease Option Contracts
I spent money I didn't have on a weekend long course that promised to show me how to fill out a LEASE OPTION CONTRACT on the advertising, but to my dismay, we were never taught how to. I was told on he first day to ...
Wesley W.
Removing one tenant in a 2-person household
Hello folks!Today I have an issue I need to leverage the collective wisdom on the BP forums for.I have a terrific tenant (single woman) who recently asked for her boyfriend to move in. So, I had him fill out an appli...
Manuel Sarabia
So what qualifies a borrower for a hard money loan?(+ a few questions)
If ficos and income are not the issue, what do they look at in a borrower?I'm looking into taking this route in hopes I can get a loan. My situation, My middle score is about 610. My business income(RE commissions, et...
Bob Flynn
tax allocation to land vs. apt buildings
I'm a member of a partnership that purchased several four-plexes last year. I have reviewed my CPAs draft tax return and they have allocated 25% of our purchase price to land value and 75% to the buildings. Therefor...
John Drinkwater
The "Quit Playing Games" Scenario
You know what is frustrating?After 3 Months, and 100 + hours of going through Los Angeles Housing Market analyzing 100's of deals, still coming up short. Last week, Friday morning to be exact, I found a listing in Wes...